Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former CEO Wendelin Wiedeking (above, left) and Chief Financial Officer Holger Härter (right), filing charge
At the 2014 Shell Eco-marathon Americas in Houston this past weekend, Canadian teams took the top two spots in the gasoline Prototype category. The winning team, from Université Laval, managed to hit 2,824 miles per gallon (mpg), just a few drops ahead of the second-place team, the University of Toronto, which finished with 2,712 mpg. Last year, the Sebastian Blanco
In case you're thinking, "But Lexus already has a seven-seat crossover in the GX 460," that's actually a proper SUV – the body-on-frame kind with the massive footprint and floaty handling. A report in Automotive News says that Lexus is trying to figure out how to produce a true crossover with space for seven humans, with the options narrowed down to growing the Jonathon Ramsey
A new study released this month shows Americans are turning away from old-fashioned, hands-on car buying.
Some recalls we report on are bigger than others. This one involves a big vehicle, but only 159 of them. No, not 159,000. Just 159.
The Formula One history books are hardly filled with female racing drivers. Maria Teresa de Felippis competed in a few grands prix in the late 1950s. Lella Lombardi remains the only woman to have scored championship points (albeit just a half of one when she finished sixth in the tragically aborted 1975 Spanish Grand Prix). Davina Galica, Desiré Wilson and Giovanna Amati all tried but failed to qualify for F1 races. Far from stellar results,
According to a report in Automotive News that quotes "people familiar with the matter," the next big play in Fiat CEO Sergio Marchionne's plan for Alfa Romeo is to break it off from Fiat Group Automobiles and set it up as a separate company within the Fiat empire, giving it the same structure as Ferrari and Jonathon Ramsey
Think of Mitsu and you're bound to think of Japanese cars, but Mitsubishi isn't the only one. Lesser known is Mitsuoka, a small automaker based in Toyama that mostly rebodies existing Japanese cars to look like old English ones. Its most outlandish creation, though, is surely the low-slung Orochi. And now the model appears to be endin
If you're a real estate broker and see someone pulling up to your listed property in a Nissan Leaf, you should probably pay attention, because there's a pretty good chance that the driver of the very quiet car will be able to score a mortgage. According to data from Experian Automotive, EV owners tend to be both younger and more affluent than buyers of hybrid vehicles. Additionally, those EV buyers have excellent credit, says Experian, whose exp
